Technical Analysis for BIB - ProShares Ultra Nasdaq Biotechnology

Grade Last Price % Change Price Change
D 80.51 -4.82% -4.08
BIB closed down 4.82 percent on Thursday, March 4, 2021, on 3.2 times normal volume. It was able to bounce off of its 200 day moving average, an important long-term support line. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Strong Up Down Down
Historical BIB trend table...

Date Alert Name Type % Chg
200 DMA Support Bullish 0.00%
Volume Surge Other 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Multiple of Ten Bullish Other 0.00%
Wide Bands Range Expansion 0.00%
Below Lower BB Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Multiple of Ten Bearish Other -4.82%
Older End-of-Day Signals for BIB ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
200 DMA Support about 18 hours ago
Down 1 ATR about 19 hours ago
60 Minute Opening Range Breakdown about 19 hours ago
Down 5% about 19 hours ago
Down 3% about 22 hours ago
View Earlier Intraday Alerts

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Profile

The investment seeks daily investment results that correspond to two times (2x) the daily performance of the Nasdaq Biotechnology Index®. The fund invests in securities and derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times (2x) the daily return of the index. The index is a modified capitalization weighted index that includes securities of NASDAQ listed companies that are classified as either biotechnology or pharmaceutical according to the Industry Classification Benchmark ("ICB") which also meet other eligibility criteria determined by NASDAQ. The fund is non-diversified.
Classification

Keywords: Exchange Traded Fund ETF Exchange Traded Funds Stock Market Index Biotechnology Leveraged ETF Ultra ETF Nasdaq Industry Classification Nasdaq 100 Nasdaq Biotech Nasdaq Biotechnology Index Nasdaq Biotechnology Total Return Index

Top 10 Components

Symbol Grade Price % Change Allocation
AMGN F 0.00 5.91
GILD D 0.00 4.74
VRTX F 0.00 3.49
ILMN C 0.00 3.26
REGN F 0.00 3.19
MRNA C 0.00 2.93
BIIB D 0.00 2.35
ALXN D 0.00 1.98
SGEN F 0.00 1.87
AZN F 0.00 1.47
View All BIB Holdings

Is BIB a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 113.06
52 Week Low 35.49
Average Volume 139,395
200-Day Moving Average 78.50
50-Day Moving Average 96.84
20-Day Moving Average 99.86
10-Day Moving Average 93.00
Average True Range 5.00
ADX 30.0
+DI 12.03
-DI 45.92
Chandelier Exit (Long, 3 ATRs ) 98.05
Chandelier Exit (Short, 3 ATRs ) 93.42
Upper Bollinger Band 116.74
Lower Bollinger Band 82.97
Percent B (%b) -0.07
BandWidth 33.81
MACD Line -3.30
MACD Signal Line -0.70
MACD Histogram -2.5936
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 91.28
Resistance 3 (R3) 91.78 88.68 89.49
Resistance 2 (R2) 88.68 85.94 88.44 88.89
Resistance 1 (R1) 84.60 84.25 83.05 84.10 88.29
Pivot Point 81.50 81.50 80.73 81.26 81.50
Support 1 (S1) 77.42 78.76 75.87 76.92 72.73
Support 2 (S2) 74.32 77.07 74.08 72.13
Support 3 (S3) 70.24 74.32 71.54
Support 4 (S4) 69.74